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Is today’s market volatile or non-volatile? The answer is … yes. In fact, it reminds me of the famous Schrodinger’s cat experiment. That’s the one where Austrian physicist Erwin Schrodinger...
If you remember a few months ago, I wrote a piece covering the history of recessions and expansions – one that said the average length of an expansion is 7.6 years. The longest, just prior to the...
Tesla (TSLA) is suddenly more valuable than Ford (F) and General Motors (GM). And longtime bears are losing their minds. You have to feel for them. At first glance, it doesn’t make sense....
You may have heard the axiom “software is eating the world.” It’s the idea that digital efforts (i.e. streaming movies) are replacing physical things (i.e. movies in the theater). Google is...
I’ve been plenty bullish on a wide range of sectors – including financials, infrastructure, and defense. But autos are definitely not one of them. That’s because more than a year ago, my...
U.S. shale oil producers need help. Saudi Arabia and other OPEC members want to drive the shale producers out of business. So, the OPEC cartel floods the market with cheap crude oil to keep...
Bloomberg View columnist Matt Levine always does a great job making sense of the complicated world of investment banking, hedge funds and credit. Last week, he tackled a February working paper...
Donald Trump’s economic policies get a lot of credit for the recent market surge. And there’s no questioning his positive influence on everything from defense to infrastructure to financial...
Today is the last day of the first quarter. That makes it a great time to catch up on ETF performance. Which ETFs shined in the first three months of the year? Which crashed and burned? And what...
Sentiment readings have been soaring post-election, with the possibility of tax cuts, regulation reforms, and infrastructure programs clearly getting people excited. In fact, yesterday’s...